Posts

Plastic Packaging Market - Rising Penetration Of Organized As Well As E-Retail Across The World

  Plastic Packaging Industry Overview   The global plastic packaging market size was valued at USD 348.08 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.2% from 2021 to 2028.   Rapidly growing key application industries including food & beverages, pharmaceuticals, and personal & household care are driving the product demand. Moreover, the rising penetration of organized as well as e-retail across the world is fueling the growth of the market. Plastic offers both flexible & rigid, transparent, and lightweight forms of packaging on account of which the key application sectors primarily prefer it over its counterparts, such as metal or glass. Furthermore, engineered plastic can survive in extreme environments and does not degrade in extreme temperatures, thus preserving the integrity of products, such as food & beverages and cosmetics.   Gather more insights about the market drivers, restrains and growth of the ...

Injection Molded Plastics Market Will Rise As Of Growing Demand For Plastic Components From Various End-Use Industries

  Injection Molded Plastics Industry Overview   The global injection molded plastics market size was valued at USD 284.7 billion in 2021. It is expected to expand at a compound annual growth rate (CAGR) of 4.2% during the forecast period.   The growing demand for plastic components from various end-use industries including automotive, packaging, home appliances, electrical & electronics, and medical devices is anticipated to drive the market. Modern innovations to minimize the rate of faulty production have enhanced the significance of injection-molded technology in the mass production of complicated plastic shapes. Volatile prices of raw materials, such as benzene, ethylene, propylene, and styrene, coupled with the growing concerns regarding their disposal are expected to hinder market growth over the forecast period.   Gather more insights about the market drivers, restrains and growth of the   Global Injection Molded Plastics Market   Companies focus...

Recycled Plastics Market Is Expecting To Grow As Of Increasing Plastic Consumption In The Production Of Lightweight Components

Recycled Plastics Industry Overview The global recycled plastics market size was valued at USD 46.09 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 4.8% from 2022 to 2030. Increasing plastic consumption in the production of lightweight components, which are used in various industries including building & construction, automotive, and electrical & electronics, is expected to propel the growth of the market over the forecast period. Amid the global COVID-19 pandemic, the demand for various packaging products was high on account of the rise in online purchases of electrical & electronics, personal care products, and Personal Protective Equipment (PPE) products, such as gloves and face masks. Gather more insights about the market drivers, restrains and growth of the   Global Recycled Plastics Market According to The Verge, the demand for affordable consumer electronic products, such as laptops, mobile, modems, etc. has increased majorly t...

Automotive Plastics Market Will Rise As Of Increasing Focus On Vehicle Weight Reduction And Emission Control

  Automotive Plastics Industry Overview The global automotive plastics market size was valued at USD 28.7 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.7% from 2022 to 2030. Globally, recovery in the automotive sector, improved vehicle design capabilities, and increasing focus on vehicle weight reduction and emission control are the key factors boosting the growth of the market for automotive plastics. Plastics are widely used in automotive components and parts owing to easy manufacturing, possible sourcing from renewable raw materials, and improved designs. Gather more insights about the market drivers, restrains and growth of the   Global Automotive Plastics Market The COVID-19 pandemic impacted the market due to a drop in new vehicle sales, the shutdown of production facilities, a limited supply of vehicle parts, and a decline in working capital. It led to the interruption in the supply chain and suspension of production, resulting i...

Europe Medical Plastic Market Will Grow At A Significant CAGR Of 5% Over The Forecast Period

  Europe   Medical Plastic Market   is expected to reach USD 4.84 billion by 2024. Plastic is termed as a material, which is a part of synthetic solids, or semi-synthetic solids, which are used in producing industrial products. Medical plastic makes the procedure simpler and patients safer. It is used in manufacturing of several medical devices and equipment’s from diagnostic wants to MRI machines as well as surgical and medical tubing. The Europe Medical Plastic Market is estimated to grow at a significant CAGR of 5% over the forecast period as the scope and its applications are rising enormously across the globe. Rising demand for medical plastic applications like surgical instruments, implants, and others, growing government initiative to support medical industry in the region, increasing R&D expenditure, and high demand for healthcare facilities and services are documented as major factors of Europe Medical Plastic Market that are estimated to enhance the growth i...

Cellular Plastic Sheet, Plate and Film Markets in Africa: Report to 2022

Image
"Cellular Plastic Sheet, Plate and Film Market" The report package Cellular Plastic Sheet, Plate and Film Markets in Africa to 2022 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for  cellular plastic sheets, plates and film  in different African countries. The package includes cellular plastic sheet, plate and film country reports from the following countries: Egypt, Ethiopia, Ghana, Morocco, Nigeria, Senegal, South Africa, Sudan, Tanzania The research includes historic data from 2011 to 2017 and forecasts until 2022 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The reports help answer the following questions: - What is the current size of the cellular plastic sheet, pla...

Thermoformed Plastics Market is anticipated to reach USD 16.28 billion by 2025: Radiant Insights

Globally, increasing demand for medical and pharmaceutical products has been a major factor driving market growth. Also, growing healthcare industry has led to rising demand for thermoformed plastics. Rising demand in various application sectors including food packaging, automotive, healthcare & medical, electrical & electronics, construction, and consumer goods & appliances owing to cost efficient nature is projected to propel the market over the coming years. Rapid industrialization, infrastructural, and medical activities is anticipated to augment the market growth from 2017 to 2025. Read Complete Thermoformed Plastics Market Research Report @ http://www.radiantinsights.com/research/thermoformed-plastics-market Thermoforming is a process where a sheet of plastic is heated to make it flexible then fabricated and molded in required shape to make it a usable product. Different methods used for processing thermoformed plastics are thin gauge thermoforming, thick gauge...